DoubleDragon banks on investor demand as offer period for P10-B retail issuance starts
BW FILE PHOTOLISTED DoubleDragon Corp. (DD) has started the offer period for its P10-billion retail bond issuance, running until Nov. 20, banking on high investor demand to support its fundraising plans.The bond issuance is priced at 8% per annum and
BSP drafts rules for national payment system’s clearing switch operations
BANGKO SENTRAL NG PILIPINASTHE BANGKO SENTRAL ng Pilipinas (BSP) is looking to create a framework for clearing switch operations within the national payment system to ensure quick and affordable transactions.In a draft circular posted on its website, the central bank
First Gen Q3 income down 34.2% on lower revenues, higher costs
LOPEZ-LED First Gen Corp. saw its attributable net income fall by 34.2% to $52.91 million for the third quarter (Q3) amid lower revenues and a slight increase in expenses. Gross revenues went down by 5.9% to $568.48 million, the energy company
Office space demand outside Metro Manila weakens — JLL
OFFICE SPACE requirements now average between 1,000 and 5,000 square meters (sq.m.), compared to the pre-pandemic average of 5,000 to 10,000 sq.m., according to JLL Philippines Head of Research and Strategic Consulting Jan-Loven C. de los Reyes. — PETR MAGERA-UNSPLASHDEMAND
Treasury bills fetch slightly higher rates
BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at slightly higher rates amid renewed inflation worries.The Bureau of the Treasury (BTr) raised P20 billion as planned from the T-bills it auctioned